Educational Development Corporation (EDUC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 20.55M | 27.67M | 46.72M | 49.06M | 52.25M | 57.55M | 58.85M | 62.25M | 66.04M | 73.31M | 59.91M | 60.72M | 63.55M | 68.92M | 70.22M | 72.98M | 76.51M | 76.08M | 70.93M | 63.74M |
| Cash & Short-Term Investments | 1.34M | 3.11M | 754.2K | 1.04M | 428.4K | 2.29M | 753.8K | 2.03M | 844.5K | 3.14M | 2.56M | 876.1K | 689.1K | 654.9K | 832.5K | 1.42M | 361.2K | 906.7K | 921.2K | 1.76M |
| Cash Only | 1.34M | 3.11M | 754.2K | 1.04M | 428.4K | 2.29M | 753.8K | 2.03M | 844.5K | 3.14M | 2.56M | 876.1K | 689.1K | 654.9K | 832.5K | 1.42M | 361.2K | 906.7K | 921.2K | 1.76M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 861.3K | 759.7K | 1.77M | 2M | 2.13M | 2.18M | 2.08M | 2.31M | 1.94M | 1.84M | 1.99M | 2.69M | 2.91M | 5.69M | 3.9M | 3.84M | 3.64M | 4.73M | 3.89M | 3.97M |
| Days Sales Outstanding | 23.69 | 16.42 | 37.52 | 26.71 | 29.17 | 17.51 | 31.05 | 19.78 | 18.98 | 10.3 | 20.32 | 17.72 | 25.83 | 14.42 | 18.35 | 14.86 | 16.16 | 8.7 | 10.97 | 8.25 |
| Inventory | 17.41M | 22.49M | 23.62M | 25.21M | 29.1M | 32.06M | 35.53M | 38.98M | 43.91M | 48.23M | 53.68M | 56.34M | 59.09M | 60.97M | 64.27M | 66.7M | 71.55M | 69.24M | 64.71M | 56.56M |
| Days Inventory Outstanding | 2.94K | 777.6 | 1.16K | 841.4 | 1.05K | 741.37 | 1.2K | 1.09K | 1.22K | 799.13 | 1.37K | 1.03K | 911.58 | 516.12 | 868.17 | 809.99 | 804.87 | 438.53 | 531.3 | 414.19 |
| Other Current Assets | 938.2K | 1.32M | 20.58M | 20.81M | 20.59M | 21.03M | 20.48M | 19.17M | 18.91M | 20.09M | 1.67M | 806.7K | 869.3K | 0 | 0 | 0 | 0 | 1.2M | 0 | 0 |
| Total Non-Current Assets | 36.44M | 31.78M | 27.51M | 27.27M | 26.07M | 26.05M | 26.34M | 25.76M | 24.07M | 22.19M | 39.06M | 37.54M | 36.39M | 33.83M | 33.49M | 34.69M | 33.42M | 32.99M | 32.07M | 30.91M |
| Property, Plant & Equipment | 13.01M | 13.44M | 6.65M | 7.08M | 7.51M | 8.22M | 8.8M | 10.02M | 10.55M | 9.27M | 28M | 29.26M | 29.66M | 29.67M | 29.51M | 30M | 30.48M | 30.76M | 31.19M | 30.07M |
| Fixed Asset Turnover | 0.23x | 0.70x | 0.67x | 0.97x | 0.84x | 1.30x | 0.69x | 0.97x | 0.90x | 0.91x | 0.37x | 0.49x | 0.51x | 1.02x | 0.65x | 0.77x | 0.76x | 1.46x | 1.08x | 1.36x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 20.75M | 17.16M | 17.47M | 17.27M | 16.02M | 15.17M | 15.18M | 14.19M | 13.51M | 11.93M | 9.26M | 7.15M | 5.93M | 4.16M | 3.97M | 4.58M | 2.82M | 2.1M | 845.6K | 830.9K |
| Total Assets | 56.99M | 59.46M | 74.24M | 76.33M | 78.31M | 83.6M | 85.19M | 88.01M | 90.11M | 95.5M | 98.96M | 98.25M | 99.94M | 102.75M | 103.71M | 107.68M | 109.93M | 109.07M | 103M | 94.65M |
| Asset Turnover | 0.05x | 0.10x | 0.06x | 0.09x | 0.08x | 0.13x | 0.08x | 0.11x | 0.10x | 0.17x | 0.11x | 0.15x | 0.15x | 0.29x | 0.18x | 0.21x | 0.21x | 0.43x | 0.33x | 0.44x |
| Asset Growth % | -27.23% | -28.88% | -12.86% | -13.27% | -13.09% | -12.46% | -13.91% | -10.43% | -9.84% | -7.06% | -4.58% | -8.75% | -9.09% | -5.79% | 0.69% | 13.76% | 23.73% | -2.76% | 21.77% | 30.78% |
| Total Current Liabilities | 6.17M | 8.14M | 35.82M | 36.46M | 37.22M | 15.81M | 16.02M | 16.63M | 17.01M | 20.16M | 21.25M | 53.86M | 54.12M | 21.52M | 22.72M | 38.08M | 40.26M | 39.25M | 44.09M | 37.48M |
| Accounts Payable | 1.69M | 2.05M | 1.6M | 1.52M | 1.85M | 2.33M | 2.62M | 3.69M | 3.91M | 5.14M | 4.98M | 4.63M | 3.86M | 3.93M | 4.44M | 6.71M | 12.41M | 23.06M | 18.52M | 18.04M |
| Days Payables Outstanding | 275.59 | 61.49 | 74.16 | 52.14 | 71.83 | 54.36 | 101.5 | 100.04 | 119.43 | 79.3 | 119.96 | 75.87 | 59.17 | 34.49 | 73.94 | 112.05 | 202.81 | 136.15 | 160.16 | 144.2 |
| Short-Term Debt | 1.37M | 1.53M | 30.01M | 30.44M | 31.29M | 6.1M | 7.9M | 7.4M | 7.3M | 6.8M | 11.85M | 45.42M | 45.53M | 10.79M | 13.86M | 25.03M | 20.27M | 5.54M | 18.3M | 9.92M |
| Deferred Revenue (Current) | 320.5K | 696K | 547K | 465.5K | 491.8K | 1.38M | 500.4K | 450.8K | 583.5K | 2.09M | 689.6K | 970.5K | 602.7K | 1.41M | 785.5K | 1.72M | 681.6K | 1.16M | 751.4K | 1.63M |
| Other Current Liabilities | 1.43M | 2.55M | 1.98M | 2.15M | 502.9K | 3.23M | 2.65M | 2.49M | 3.34M | 3.13M | 1.92M | 1.66M | 2.95M | 3.36M | 2.37M | 2.72M | 4.66M | 5.34M | 4.49M | 4.93M |
| Current Ratio | 3.33x | 3.40x | 1.30x | 1.35x | 1.40x | 3.64x | 3.67x | 3.74x | 3.88x | 3.64x | 2.82x | 1.13x | 1.17x | 3.20x | 3.09x | 1.92x | 1.90x | 1.94x | 1.61x | 1.70x |
| Quick Ratio | 0.51x | 0.64x | 0.64x | 0.65x | 0.62x | 1.61x | 1.46x | 1.40x | 1.30x | 1.24x | 0.29x | 0.08x | 0.08x | 0.37x | 0.26x | 0.17x | 0.12x | 0.17x | 0.14x | 0.19x |
| Cash Conversion Cycle | 2.69K | 732.52 | 1.13K | 815.97 | 1.01K | 704.53 | 1.13K | 1.01K | 1.12K | 730.14 | 1.27K | 972.8 | 878.24 | 496.05 | 812.58 | 712.8 | 618.22 | 311.09 | 382.11 | 278.24 |
| Total Non-Current Liabilities | 8.03M | 5.42M | 206.2K | 366.6K | 524K | 25.99M | 26.64M | 27.07M | 27.64M | 28.22M | 32.63M | 498.9K | 586.8K | 34.35M | 34.37M | 22.3M | 22.91M | 23.23M | 14.43M | 14.01M |
| Long-Term Debt | 0 | 5.41M | 0 | 0 | 0 | 25.32M | 25.76M | 26.2M | 26.64M | 27.08M | 32.22M | 0 | 0 | 33.53M | 33.98M | 21.82M | 22.41M | 22.95M | 14.28M | 13.55M |
| Capital Lease Obligations | 5.34M | 0 | 93.2K | 253.6K | 411.1K | 550.7K | 765.7K | 759.8K | 888K | 1.03M | 303.6K | 387.9K | 475.8K | 0 | 0 | 0 | 384.8K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 2.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 439.7K | 0 | 0 | 1.4M | 0 | 41.4K | 327.4K |
| Other Non-Current Liabilities | 5.2K | 7.3K | 113K | 113K | 112.9K | 111K | 111K | 111K | 111K | 111K | 111K | 111K | 111K | 373.4K | 396.6K | 475.3K | 114.1K | 276K | 114K | 131.3K |
| Total Liabilities | 14.2M | 13.56M | 36.02M | 36.82M | 37.75M | 41.8M | 42.66M | 43.71M | 44.65M | 48.38M | 53.88M | 54.36M | 54.7M | 55.87M | 57.09M | 60.37M | 63.17M | 62.48M | 58.52M | 51.49M |
| Total Debt | 6.72M | 6.95M | 30.77M | 31.37M | 32.4M | 32.68M | 35.22M | 35.05M | 35.55M | 35.67M | 44.37M | 46.14M | 46.35M | 44.33M | 47.84M | 46.85M | 43.17M | 28.5M | 32.58M | 23.47M |
| Net Debt | 5.38M | 3.84M | 30.02M | 30.33M | 31.97M | 30.39M | 34.47M | 33.02M | 34.71M | 32.53M | 41.81M | 45.27M | 45.66M | 43.67M | 47M | 45.43M | 42.81M | 27.59M | 31.66M | 21.71M |
| Debt / Equity | 0.16x | 0.15x | 0.81x | 0.79x | 0.80x | 0.78x | 0.83x | 0.79x | 0.78x | 0.76x | 0.98x | 1.05x | 1.02x | 0.95x | 1.03x | 0.99x | 0.92x | 0.61x | 0.73x | 0.54x |
| Debt / EBITDA | 1.64x | - | - | - | - | - | - | - | - | - | - | - | - | 53.43x | - | 53.10x | 66.16x | 7.08x | 11.44x | 5.03x |
| Net Debt / EBITDA | 1.31x | - | - | - | - | - | - | - | - | - | - | - | - | 52.64x | - | 51.49x | 65.61x | 6.86x | 11.11x | 4.66x |
| Interest Coverage | - | 29.78x | -1.90x | -1.87x | -2.12x | -0.93x | -3.52x | -2.03x | -2.98x | 4.71x | -2.77x | -0.64x | -3.81x | 1.00x | -1.09x | 1.74x | 0.15x | 16.78x | 13.44x | 28.77x |
| Total Equity | 42.79M | 45.9M | 38.21M | 39.51M | 40.57M | 41.81M | 42.54M | 44.3M | 45.45M | 47.12M | 45.08M | 43.89M | 45.23M | 46.88M | 46.62M | 47.31M | 46.77M | 46.59M | 44.48M | 43.16M |
| Equity Growth % | 5.48% | 9.79% | -10.17% | -10.83% | -10.74% | -11.27% | -5.65% | 0.94% | 0.48% | 0.49% | -3.3% | -7.22% | -3.28% | 0.63% | 4.81% | 9.62% | 16.16% | 20.32% | 27.18% | 39.28% |
| Book Value per Share | 5.03 | 5.35 | 4.45 | 4.60 | 4.90 | 5.05 | 5.14 | 5.36 | 5.50 | 5.70 | 5.45 | 5.30 | 5.38 | 5.68 | 5.77 | 5.58 | 5.53 | 5.53 | 5.27 | 5.09 |
| Total Shareholders' Equity | 42.79M | 45.9M | 38.21M | 39.51M | 40.57M | 41.81M | 42.54M | 44.3M | 45.45M | 47.12M | 45.08M | 43.89M | 45.23M | 46.88M | 46.62M | 47.31M | 46.77M | 46.59M | 44.48M | 43.16M |
| Common Stock | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.48M |
| Retained Earnings | 39.63M | 42.74M | 34.93M | 36.23M | 37.3M | 38.65M | 39.48M | 41.29M | 42.57M | 44.18M | 42.21M | 41.15M | 42.02M | 43.94M | 43.94M | 44.74M | 44.53M | 45.07M | 43.29M | 42.29M |
| Treasury Stock | -13.15M | -13.06M | -13.06M | -13.06M | -13.06M | -13.06M | -13.07M | -13.07M | -13.09M | -13.09M | -13.09M | -13.09M | -12.52M | -12.52M | -12.52M | -12.62M | -12.55M | -12.71M | -12.73M | -12.76M |
| Accumulated OCI | 0 | -117.7K | 0 | 0 | -15.4K | -21.6K | -20.4K | 47.3K | 24.4K | 15.4K | 51.1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |